Real estate commission rebate, a new world
One of the main goals of the plan is to help responsible consumers and their lenders make mortgage payments more manageable, thus reducing the number of defaults and foreclosures. The one silver lining in the housing crisis is the incredible rates for mortages. Many consumers who had previously put their home purchasing decisions on hold, are now encouraged by historically low interest rates. Some penny wise consumers in the current economy, however, are choosing non traditional fee for service real estate alternatives, representing themselves and trying to find the best deals. The relationship between realtors and consumers has been affected by the economic downturn.